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December 2019

Ransom in the Digital World

December 22, 2019 by DM Studler

The concept of ransom is as old as crime; ransomware is the extension of ransom to the digital world.

The first instance of a ransomware attack is thought to have taken place in 1989. This occurred when Joseph L. Popp, a biologist, sent 20,000 infected floppy disks to the guests at an International AIDS conference....

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Business Email Compromise Scams

December 22, 2019 by DM Studler

Did you know…

  • In 2016, an Austrian Aerospace firm was defrauded of $42 million dollars.
  • In 2017, Save the Children USA was the victim of a $1 million scam
  • In 2019, a Toyota subsidiary suffered a loss of $37 million

What caused these significant losses… it’s the rise of Business Email Compromise scams.

What are...

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Social Media: A Powerful Tool

December 22, 2019 by SDC CPAs LLC

“Twitter is not a technology, it’s a conversation—and it’s happening with or without you.”

Charlene Li, author

Social media refers to any website or application that is designed to allow people to share content quickly, efficiently, and in real-time. The major social media platforms (at the moment) are Facebook, Instagram, Twitter, LinkedIn, Pinterest, YouTube, and...

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